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Startup Atlas

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XPANCEO

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XPANCEO is a Dubai-based deep-tech company developing smart contact lenses that combine electronics and biotechnology for augmented-reality display and health monitoring. It was founded in 2021 by entrepreneur Roman Axelrod and physicist Valentyn Volkov, is still in product development, and reached unicorn status in 2025.

Headquarters
Dubai, United Arab Emirates
Founded
2021
Founders
Roman Axelrod, Valentyn Volkov
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Funding

  • Series A$250MOpportunity Venture (Asia) (lead)
    Jul 2025

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